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Overview

NOVA is the post trade platform for retail and institutional investment banks and stock brokers. It provides automation of vertical processes across multiple asset classes and regions, enabling firms to efficiently adapt to market and regulatory changes. Firms can move to an exception-based view of the settlement process, including trade confirmation, while standardising functions for improved Straight Through Processing (STP).

NOVA is a multi-market, multi-currency, multi-company and multi-asset class platform. Functionality supports equities, fixed income, futures and options, CFDs and spread betting and can be deployed across Europe, Asia and Australasia. Users can configure the platform in line with how transactions are processed, based on timings, sources and destinations. NOVA easily integrates with existing systems and its message interface provides flexible and standardised implementation.